Taiwan’s MediaTek targets billions in AI accelerator chip revenue by 2027

TAIPEI: Taiwan’s top chip design company, MediaTek, expects to earn revenue of billions of dollars from its AI accelerator ASIC chips by 2027, the chief executive said on Friday, as the company pushes further into the data centre business.

Chief Executive Rick Tsai told a quarterly earnings conference call that MediaTek was on track to generate $1 billion in revenue from its cloud AI chips in 2026 after its first AI accelerator ASIC project was well executed.